British Columbia's Construction Prompt Payment Act introduces mandatory payment deadlines: owners must pay contractors within 28 days of a proper invoice, and contractors must pay subcontractors within seven days. It establishes a fast adjudication process for payment disputes outside courts. The Act also shortens holdback periods and updates lien rules. Key requirements include proper invoice details, timely non-payment notices, and strict timelines for adjudication initiation and decisions. Parties must update contracts, invoicing, and record-keeping to comply.